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Logistics and operational area with complete engineering networks, 130,000 m2 7,800,000.00 €
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Add project Original price was: 59.00 €.Current price is: 49.00 €.

Loan for the approval of the Senior House

25,000.00 €

We are looking for a loan for our client to finance a home for the elderly. The facility is located in a beautiful and quiet location. The building is registered on the title deed as a building under construction. The construction is just before the issuance of the approval permit.

Building permit – purpose of construction – Seniors’ home. Currently, the vast majority of the building is completed. For approval, it is necessary to complete the last investments (parking spaces, outdoor landscaping, minor investments in interior equipment). The client is looking for a loan of 25,000 euros for the quick completion of the facility, approval and opening.

Country

Slovakia
Business category

Healthcare
Current phase of the project

Pre-launch
Own premises

Own property
Interest

10% p.a.
Return

Within 1 year. Max. 3 years,
Security

Notary record for a natural person
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Description

Project revenue

  • From the point of view of the business plan (home for the elderly), the cashflow (revenues of the facility versus costs) of the facility is very positive with sufficient room for debt repayment.
  • The client already has contracted clients who want to join the facility after opening.
  • Approval is required to open the facility. With approval, it is possible to register the device with the relevant state administration authorities and include the device in the list of recipients of income for the services provided.

Refinancing

  • During the year 2024, the plan is to refinance the entire facility through the state program and at the same time pay out a one-time loan to the investor, or gradually according to the agreement.
  • Maximum repayment period 3 years with reasonable interest.
  • Benefit for the investor - the facility will provide the investor with a guarantee of the placement of a senior citizen with the provision of relevant services within the agreed scope.
  • It is currently not possible to establish a lien on the property.
    Security - with a notary's record.
  • The facility is being prepared for clients in single and double rooms, which is currently being completed in the picturesque surroundings of a small village in the Slovak Mountains.

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